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CrazyAce

05-17-2007 10:33 AM

If a Private Equity firm buys a pulic company...?

I need some help here. If a private equity firm like Cerberus buys a public company (Chrysler) then is it still technically a private equity firm?

I don't know the technicalities, but since Chrysler, I suppose, was something of a subsidiary of Daimler then it wasn't really "public" to being with?

edtost

05-17-2007 11:23 AM

Re: If a Private Equity firm buys a pulic company...?

if cerberus buys 100% of a public company, its no longer a public company.

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